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All agents are NOT alike! Find out why we are the #1 RE/MAX Team in New Castle & Kent Counties. Call us: 302-235-1000.
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Find Out About the Latest Homes for Sale First! We add our newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS. Find Out More > View All Offers >
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"Thank you Eddie and Nancy for all your work" You listened carefully to my situation and engaged in an informed, professional conversation about what kind of home would serve me best. Sandra Greenfield - 2009 Read Quote > View All Quotes >
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Members of the Riggin Group are
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"One of the Best Buys & Decisions We Ever Made"
" Eddie, It was one of the best buys and decisions we have ever made. As I tell all who will listen if you had told me I would learn as much in my early 60's as I did through most of my 40's and 50's I would have told you that isn't possible but I did. My Father-in-law says that's what keeps you young. Hope he is right. Hope your bus is doing well. We are still trying to build a bus in a rough economy--and have had a lot of fun and met many new friends in the process. Jane says to people looking to retire--try something different. Know it wouldn't work for all but the challange does make you look at tomorrow--whereas retirement is yeaterday. Thanks for helping us find a future.
Paul & Jane Murphy - 2011
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Buyers Remorse >First Time Loans
Most first-time buyers can qualify for a mortgage loan, but they may need help from parents to make the down payment or closing costs on their home. There are loan programs that minimize the down payment and closing costs for first-time buyers. These programs usually require that 3 to 5 percent of the purchase price come from the buyers' funds, not from a loan or gift. Most lenders ask for the last three months' bank records. The borrower will be asked to reveal the origin of any large deposits. If the money comes from the homebuyer's parents, the lender may not consider those funds when qualifying the buyers.
Parents who are planning to help their children finance a home should transfer any funds several months before the house-hunting process begins. If it is a loan rather than a gift, a formal re-payment agreement should be drawn up between parents and children to eliminate potential misunderstandings or future complications with either estate.
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| Q |
What famous American sign was originally erected as a real estate ad?
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| A |
The Hollywood sign, built in 1923, was conceived as a real estate ad that originally read, "Hollywoodland." |
See More Real Estate Trivia > |
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